The following table gives income distribution data for the United States and Mexico. On the following graph,

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The following table gives income distribution data for the United States and Mexico. On the following graph, draw the Lorenz curves for the two countries.

The country with the more equal income distribution is .

Lowest Second Third Fourth Highest 20% 20% 20% 20% 20%
Mexico 3 7 12 20 58 United States 5 12 18 25 40

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Related Book For  book-img-for-question

Fundamentals Of Economics

ISBN: 9780618992676

4th Edition

Authors: William Boyes , Michael Melvin

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